Production will end no later than September 3, 2025.
Bankruptcy
New facility can produce enough lumber for 14,000 homes and reserves 40 hectares for mass timber expansion.
International Paper to exit molded fiber business; additional facility changes planned.
The Pinneberg Local Court ordered the provisional self-administration.
Approximately 535 jobs will be impacted by this closure.
International Paper will make strategic investments to convert the current Edinburg, Texas sheet plant into a warehouse, invest in its current facility in McAllen, Texas to increase capabilities and shift its current Reynosa, Mexico operations to a new, more modern and capable facility that is currently under construct...
Approximately 550 jobs will be impacted.
In total, approximately 72 positions will be impacted.
Smurfit Westrock to close coated recycled board mill in Minnesota and containerboard mill in Texas.
Northern Sweden’s Västerbotten sees 67% rise in bankruptcies while Stockholm reports 3% drop.
Pixelle paper mill closure affected around 800 employees.
The Middletown closure will affect approximately 130 employees.
Company cites high electricity and raw material costs as key challenges for sustaining operations.